Uber Technologies announced on Wednesday its plans to reduce its recruitment division by cutting 200 jobs in an effort to streamline costs and maintain a flat staff count throughout the…
Business
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AmazonBusinessNews
Amazon Accused of Tricking Millions of Customers into Unwanted Prime Memberships, US Regulator Files Lawsuit
by Prashant Kumar 3 minutes readThe US Federal Trade Commission (FTC) has filed a lawsuit against Amazon, accusing the company of enrolling millions of consumers into its paid subscription service, Amazon Prime, without their consent…
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BusinessNews
Ericsson: 5G to Reach 57% of Mobile Subscriptions in India by 2028
by Prashant Kumar 3 minutes readAccording to the Ericsson Mobility Report, India is expected to be the fastest-growing 5G region globally. By the end of 2022, 5G subscriptions in India reached approximately 10 million and…
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BusinessNews
Ola Accelerates Green Mobility Future with Construction of 100GWh Gigafactory in Tamil Nadu
by Prashant Kumar 2 minutes readOla, an electric vehicle company, has started constructing its 100GWh gigafactory at its manufacturing facility in Tamil Nadu. Today, the company installed the first pillar of its cell factory in…
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BusinessFinance
Deutsche Bank Crypto Custodian License Sparks Bullish Market Sentiment
by Prashant Kumar 2 minutes readGermany’s Deutsche Bank AG is shifting its focus to the digital assets sector and is seeking approval to operate as a crypto custodian in Germany. The bank aims to offer…
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BusinessTechnology
Cisco Unveils AI Networking Chips to Challenge Broadcom and Marvell in Supercomputing
by Prashant Kumar 2 minutes readCisco Systems has unveiled its new networking chips designed for AI supercomputers, putting it in direct competition with Broadcom and Marvell Technology. The chips are currently being tested by several…
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BusinessNews
India Gives Green Light to Micron’s $2.7 Billion Semiconductor Testing Plant: Report
by Prashant Kumar 4 minutes readIndia’s cabinet has given its approval to Micron Technology, a US chipmaker, for its $2.7 billion (approximately Rs. 22,159 crores) proposal to establish a new semiconductor testing and packaging unit.…
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BusinessNews
Crypto.com and Samsung Collaborate to Offer Seamless Asset Trading on Galaxy Z Fold Lineup
by Prashant Kumar 2 minutes readCrypto.com and Samsung partner to offer smooth asset trading for Galaxy Z Fold users. Crypto.com updates its app with investment tools for interested users. This could drive inflows into the…